Idbi Bank, Banaswadi, Karnataka , IFSC and MICR Code

Find IFSC along with MICR code for the Idbi Bank Odhav Branch located in Bangalore Urban district or city, Karnataka state. Also, get the addresses and contact numbers.

IDBI BANK

Bank

IDBI BANK

IFSC Code

IBKL0001620

Micr code 560259029
Branch Banaswadi
Address No 14 , 7th Main, 80 Feet Road, S B Palya Extn , Banaswadi
Contact 25454145
District Bangalore Urban

What is IDBI BANK IFSC or IFS code

Full form of IFSC is The Indian Financial System Code. IFSC is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems

What is NEFT in banking

NEFT stands for National Electronic Funds Transfer (NEFT). NEFT in India is an electronic payment system developed by RBI to facilitate the transfer of funds by customers from one bank to another. It is a secure, economical, reliable, and efficient system of money transfer between banks.